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ROROS, NORWAY – Original design manufacturer Norbit has, with local employees, purchased Kitron Microelectronics AS. The operation has changed its name to Norbitech AS.

In a statement, Kitron CEO Jørgen Bredesen said, "We are very satisfied with the agreement reached and in particular that we have been able to secure continued operation and employment for the employees at Røros. We are confident that with Norbit AS as a strategic partner and significant shareholder, the operation at Røros will have a solid foundation to succeed outside Kitron."
 
Norbit is an ODM supplier of industrial electronics.

TOKYO – Japan-based manufacturers of semiconductor equipment posted $677.7 million in orders in September, up 11% sequentially and down 22.2% year-over-year, according to the Semiconductor Equipment Association of Japan.
 
September billings were $530.8 million, up 25% sequentially and down 42.2% compared to September 2008, says SEAJ.
 
On a three-month average basis, the September book-to-bill ratio was 1.28, down from August but well above the 1.0 benchmark indicating a growing market. A book-to-bill ratio of 1.28 means ¥128 worth of new orders was received for every ¥100 of product billed for the month.
 
$1 = ¥90.845

STOCKHOLMNote Ab reported third-quarter sales dropped 33% year-over-year to SEK 267.4 million ($38.3 million).
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GLENVIEW, IL -- Illinois Tool Works today reported third-quarter revenues fell 19.8% year-over-year to $3.58 billion as demand began to show improvement.

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ST. LOUIS -- Sikorsky Aircraft awarded a $2.4 million add-on contract to LaBarge to produce wiring harnesses for the UH-60L Black Hawk helicopter.

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KING OF PRUSSIA, PA – The US International Trade Commission has ruled Nokia did not violate certain InterDigital Communications Corp. patents covering 3G mobile handsets and components.
 
After reviewing petitions issued Aug. 31, the ITC said it would not grant InterDigital’s request to block imports of the Nokia phones.
 
InterDigital and a subsidiary originally filed a complaint in 2007 stating Nokia had violated four of the firm’s patents, claims Nokia has consistently denied.
 
The commission filed a joint response to both firms’ petitions on Sept. 8 and has since terminated its investigation.

 

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